Why would CBDC be required to enact negative interest rates when several countries around the world have already historically had negative interest rates without using CBDC?
Several countries around the world have done it but it doesn't lock those citizens in place.
A US CBDC would be cashless. Meaning no way to cash out of the bank, you're stuck eating a shit sandwich.
Those other European countries were trial runs to test the waters on the most docile. They also had a way to cash out of their bank and move money elsewhere.
Why would CBDC be required to enact negative interest rates when several countries around the world have already historically had negative interest rates without using CBDC?
Several countries around the world have done it but it doesn't lock those citizens in place.
A US CBDC would be cashless. Meaning no way to cash out of the bank, you're stuck eating a shit sandwich.
Those other European countries were trial runs to test the waters on the most docile. They also had a way to cash out of their bank and move money elsewhere.